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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Richmond, IN
Listed for sale 1 day ago
$ 149,900
ROI
26.2
Cash Flow/m
268- 2 Bed
- 1 Bath
- 860 sft
809 NW C St, Richmond, IN, 47374
Listed for sale 2 days ago
$ 169,900
ROI
33.7Cash Flow/m
659- 3 Bed
- 2 Bath
- 1344 sft
1928 Valley Dr, Richmond, IN, 47374
Listed for sale 4 days ago
$ 105,000
ROI
26.9Cash Flow/m
208- 3 Bed
- 2 Bath
- 900 sft
1001 S 13th St, Richmond, IN, 47374
Listed for sale 6 days ago
$ 220,000
ROI
28.0Cash Flow/m
505- 3 Bed
- 2 Bath
- 2866 sft
430 Kinsey St, Richmond, IN, 47374
Why Invest in Richmond, Indiana?
Richmond, Indiana, offers a promising opportunity for investors seeking high rental yields. The area's robust rental market is supported by a steady influx of residents and low vacancy rates, making it an attractive destination for real estate investment. With an average rental yield of 8% and a cap rate of around 10%, investors can expect substantial returns.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$400/mo
Avg. Cash Flow
$800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Richmond, Indiana, is approximately $800, making it affordable for many residents while providing good returns for investors.
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